#ETH#

The rise in Bitcoin's dominance to 64-65% may trigger an altcoin season. Ethereum stands out as the most important altcoin as whale addresses are attractive and the DeFi + staking system is strong.

BlackRock is considering expanding its entry into cryptocurrencies by enlarging its Ethereum ETF fund. They currently have about $4 billion in Ethereum ETF assets.

From a technical standpoint, the cup and handle formation draws attention. A breakout above $2750 is possible with a medium-term target of $4100.

The rise of stablecoin systems on Ethereum accelerates capital inflow. While gas prices decrease with the Pektora upgrade, the demand for stablecoins increases, providing structural support for Ethereum.

📈 Market Analysis

1. Institutional Accumulation and Whale Tracking
In June 2025, the accumulation of institutions and large addresses reached an all-time high. A Wyckoff-style reaccumulation phase is being faced, and experts point to the possibility of a price increase, stating that "a significant rise is imminent."

2. Options Data and Volatility
Ethereum options worth around $2.3 billion expiring today indicate positive market sentiment with a sell-to-buy ratio of 0.52. The "maximum pain" level is $2200, and trading above the current price suggests that upward pressure may continue.

3. The Technical Perspective

Short-term support: $2370–2450 (EMA, VWAP, Bollinger Bands).

Short-term resistance: ~$2550–2650. If this area is broken, levels of 2800 and above 3200+ may be tested.

The medium-term scenario: After breaking through the cup and handle, levels of $4100 can be reviewed.

4. The altcoin season is coming
While BTC dominance remains high at (≈65%), the incoming technical indicators and investor interest could signal an altcoin season. ETH may be at the center of this season as the leading altcoin.

🎯 Price Predictions and Strategy

Timeframe levels

Short-term support at $2370 is strong, the breakout between 2550-2650 should be monitored.
An intermediate-term rise targeting $3200-$4100 is possible with a breakout above $2750.
Long-term ATH levels (≈5000USD) on the agenda with institutional accumulation and ETF growth.

✅ Final evaluation

Ethereum currently has strong upward potential due to institutional buying, technical reversal signals, options market data, stablecoin updates, and infrastructure.
📌 Tactical Recommendations:

Buying opportunities can be evaluated near $2370-$2450.

Careful monitoring is recommended in the range of $2550-$2650. If this area is broken, the increase may accelerate.

The trend seems strong for medium-term positions above $2750.

🔔 Note: The market is still volatile; it is essential to act with risk management and control the size of positions.